The Indian Institute of Management Udaipur (IIM Udaipur) organized the second successful edition of its annual flagship event, “The Leadership summit 2013”, on 3rd August at the resplendent Durbar hall of the City Palace of Udaipur. Focusing on the importance of innovation, this year’s theme was ‘The Need to Redesign’.

H.E. Mewar King addressing IIMU Leadership Summit 2013
H.E. Mewar King addressing IIMU Leadership Summit 2013

His excellence Sriji Arvind Singh Mewar, the 76th custodian of the Mewar dynasty, inaugurated the event by lighting the lamp. He spoke on the rich heritage of our country and historical significance of city of Udaipur. He emphasized that leadership and management need to be sustainable and flexible for change. His passionate speech emphasized on the need for Udaipur to be more than just a tourist destination, it should be a place for excellence and new ideas.

IIMU director Professor Janat Shah addressing the Leadership Summit 2013 in Durbar Hall City Palace Udaipur
IIMU director Professor Janat Shah addressing the Leadership Summit 2013 in Durbar Hall City Palace Udaipur

Prof. Janat Shah, Director, IIM Udaipur delivered the welcome address and his speech focused on entrepreneurship and leadership at the institute. He emphasized on the importance of management education in being a transformation experience for the students. “If you get the people and the process right, outcome is bound to happen” said Dr.Shah. By the year 2020, he envisions that the Institute will have 800 students and 80 faculty members.
Shri Ashok Chawla, Chairman, Competition Commission of India graced the event as the key note speaker. He focused on the two major aspects of the summit ‘Leadership and Redesign’. He shared his insights on leadership saying that “Empathy is the biggest hallmark of a leader” and that a true leader stands out in difficult times. Sh. Chawla also stressed on the need to redesign in eight different areas – Agriculture, Manufacturing, Infrastructure, Energy, Resource allocation, Land & Labour markets, Skilling of young India and Financial sector.The event saw stalwarts from different industries elaborating on three different panel discussions.

Murlikrishna Parna, COO Sagar ratna, Piyush Srivastava, Consultant, ZEE business and Rajkumar Jha ,National creative Director Ogilvy Action took the stage for the first topic ‘Indian Economy: shift in focal point from urban to rural’.

The panelists brought in different perspectives to the discussion sharing their vast experience in rural business. The panelists agreed that the extensive population that is present in the villages provides a great market potential. The latest trends like reverse migration and next generation farming were also discussed. The major idea that emerged was need for companies to shift focus from just money making in rural to building long term trust and growing the community.

Shri Ashok Chawla addressing the Leadership Summit 2013 in Durbar Hall City Palace Udaipur
Shri Ashok Chawla addressing the Leadership Summit 2013 in Durbar Hall City Palace Udaipur

The post lunch session had a panel discussion on “The pressing need to redesign the supply chain” in which Mr. Sanjeev Singh, Head SCM, TSGV, Ajoy Chawla, Chief strategy officer, Titan Industries Ltd and Mr. Hardeep Singh, Senior VP, Bharti Walmart shared their experiences with the students of the institute. The focus was on collaborative supply chain models and the need to redesign from reactive to proactive approaches to supply chain. The panelists advised the students to demonstrate perseverance and commitment towards delivering results in order to have a successful career in supply chain.

The next discussion witnessed national and global business leaders like Mr.Sandip Sen, Global CEO Aegis, Mr. TC Rangnathan, CMD EXIM bank, Ashish Bhatia, COO,MTS Rajasthan circle and Sudhir Shetty, COO UAE exchange share their views on the topic “Evolution of Leadership: Changing trends and styles”. This discussion emphasized on the need for collective and transformational leadership to meet the need of the hour. “The major quality expected from leaders is the ability to motivate and empower their teams” was one of the ideas that emerged from the discussion. Other concepts discussed in the panel were the emergence of women as leaders, the role of leadership in M&As and the environment for leadership in India.

The panel also agreed that a leader must set the vision for the company and build goals and business processes around this vision. The Leadership Summit concluded with a vote of thanks given by member of Media and Industry Interaction Cell of IIM Udaipur. The combination of the mesmerizing Durbar hall at the City Palace and the presence of distinguished business leaders of India along with the enlightening panel discussions was an enriching and memorable experience for the audience, especially the students of IIM Udaipur.